Oil and gas company Neptune Energy has signed a Memorandum of Understanding (MoU) with the Norwegian low-carbon tech firm Horisont Energi to develop the Errai Carbon Capture and Storage (CCS) project in Norway.According to Neptune Energy, Errai could store 4-8 million tonnes of CO2 annually鈥
Australian oil and gas firm Santos, as operator of the Barossa joint venture, on Monday announced a final investment decision (FID) has been taken to proceed with the Darwin Pipeline Duplication Project, located offshore the Northern Territory鈥
Six South Korean companies and Malaysian state-owned energy company Petronas have agreed to work together to look at the feasibility of a cross border carbon capture and storage project in what's been called Asia鈥檚 first CCS hub project. Under a memorandum of understanding (MOU)鈥
Norway's Equinor and Belgium's Fluxys plan to build a 1,000-km (620-mile) pipeline to transport CO2 captured on the European continent for storage underneath the North Sea [on the Norwegian continental shelf], the two companies said on Wednesday鈥
The Danish company Semco Maritime said Monday it had developed a new pumping system design allowing subsea CO2 storage in the North Sea in connection with Project Greensand.The mission of the project is to store CO2 in the Danish part of the鈥
The UK-based North Sea Transition Authority (NSTA) on Tuesday launched UK鈥檚 first-ever carbon storage licensing round with 13 areas available.鈥'The new carbon storage areas, alongside the six licences which have been issued previously, could鈥
Three companies have applied for future storage of CO2 on the Norwegian continental shelf, the Norwegian Ministry of Petroleum and Energy said Thursday.Norway in April announced a new area for CO2 storage in the North Sea, citing growing interest from the industry鈥
Oil major Chevron has closed the transaction to enter a U.S. Gulf of Mexico carbon capture and storage joint venture with Talos Energy and Carbonvert.The companies on Tuesday announced the execution of definitive documentation and closing of鈥
Cory, a UK-based waste management and recycling company, might soon ship carbon dioxide from its 'energy from waste operation' on the River Thames in London to Norway's Northern Lights subsea carbon storage facilities.Cory and Northern Lights鈥
Oil and gas companies BP and Equinor have been awarded licenses to store CO2 under the UK North Sea seabed.According to the North Sea Transition Authority (NSTA), which awarded the licenses with an appraisal term of eight years, the Southern鈥
The U.S. Department of Energy intends to commit $2.25 billion for projects to store carbon dioxide underground and help fight climate change, it said on Thursday.The funding for carbon storage validation and testing over the next five years鈥
ExxonMobil Corp. estimates there will be a $4 trillion market by 2050 for capturing carbon dioxide and storing it underground, the company said in a presentation on Tuesday.That is about 60% of the $6.5 trillion market the U.S. largest crude producer estimates for oil and gas by then鈥
Shearwater GeoServices has said it has won a 3D geophysical survey with Eni with an option for a second survey, for a carbon storage project in Liverpool Bay, England.鈥淲e are delighted to conduct this survey work for Eni, advancing UK carbon storage by deploying towed streamer鈥
Australian carbon capture and storage firm deepC Store (dCS) said Wednesday it had with JX Nippon Oil & Gas Exploration Corporation (JX NOEX) submitted a joint bid for a Greenhouse Gas Assessment Permit for a Greenhouse Gas Storage Acreage Release Area in offshore Australia鈥
Norwegian offshore engineering and construction services firm Aker Solutions and the U.S.-based offshore energy industry equipment maker Dril-Quip have entered into a Collaboration Agreement to offer subsea injection systems for carbon capture鈥
